Cirrus Logic (CRUS) is a fabless semiconductor supplier that specializes in low-power, high precision mixed-signal processing solutions. George Tsilis discusses CRUS, noting that its products are primarily used in smartphones. He talks about how CRUS is trading higher after its 2Q earnings were reported. He then goes over how CRUS beat EPS and revenue estimates. Finally, he demonstrates an example trade using CRUS. The trade type is a call diagonal and the breakeven is $74.00. Tune in to find out more about the stock market today.